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BA1 Dumps - Fundamentals of Business Economics Practice Exam Questions

CIMA BA1 - Fundamentals of Business Economics Braindumps

CIMA BA1 - CIMA Certificate Practice Exam

  • Certification Provider:CIMA
  • Exam Code:BA1
  • Exam Name:Fundamentals of Business Economics Exam
  • Total Questions:468 Questions and Answers
  • Updated on:Sep 28, 2024
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BA1 Question and Answers

Question # 1

A car dealer uses the following trend equation to estimate the number of cars sold each quarter

Y = 120 + 3t

Where y = number of cars sold each quarter and t = time period expressed in units

What is the forecasted number of cars sold in period 12. if there is an additive seasonal factor of 55?

Options:

A.  

156

B.  

101

C.  

211

D.  

139

Discussion 0
Question # 2

Company GHI wishes to develop a linear model for forecasting tractor sales based on the number of sales people it employs. In the model, tractor sales will be the dependent variable and the number of sales people the independent variable

The company has collected sales data from each of its branches over the past year which has been reported below:

Question # 2

Question # 2

Options:

Discussion 0
Question # 3

The following scatter diagram displays the total life expectancy in years on the X axis and GDP per capita (constant 2000 S) on the Y axis, in Country S for the past 40 years. Which of the following statements is true in respect of the graph?

Question # 3

Options:

A.  

A perfect positive linear relationship is shown in the diagram.

B.  

In most years, the samples shows a clear negative trend in the diagram

C.  

There is no correlation between the level of GDP per capita and life expectancy.

D.  

In some years, the level of GDP per capita and life expectancy moved in opposite directions.

Discussion 0

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